I believe that if you look at his contract, there are options and performance/starter incentives on it for basically nearly every year of it. So the moment that they find a better option, they can cut bait, or reduce Taysom back to his gadget role at minimal cost. The only major sting is on the first year it kicks in (next year) when it has nearly 20 million guaranteed. That's actually smart; and makes sense - he can help ease a transition with a new QB, be they Rookie or FA - or play alongside Jameis much as he was earlier this year.Needalife wrote: ↑Thu Dec 02, 2021 9:15 pm Feel like I’m watching Tebow again. Is Sean Peyton really staking the next few years on Taysom and his new contract? He is zero threat to push the ball downfield and this rugby-style offense isn’t going to win more than a handful of games against bad teams.
And if it's not looking great coming into 2023, then they simply cut bait, at a rate of about 5 million dead cap a year. And that would be the minimum you'd owe him, if he's simply playing his gadget role, and not starting.
It's a pretty good contract for both sides, to be honest. Taysom would have to go full god-mode to earn the full 40 million, though.
If you want to see how the Cookie is made...
My napkin maths makes that 14.2 million dollars in incentives - the majority of which I fail to see him hitting.Contract Notes:
$10.1M guaranteed at signing (2022 salary)
2023 salary fully guarantees in March 2022 (injury guaranteed now)
$1.5M of 2024 salary fully guarantees in March 2024 (injury guaranteed now)
2021 Incentives
70% snaps + 11 team wins: $150,000
3,250 Passing Yards: $150,000
90+ Passer Rating (min. 224 attempts): $150,000
25 Pass TDs: $150,000
65%+ Completion % (min. 224 attempts): $150,000
600 Rushing Yards: $150,000
50 snaps + Super Bowl appearance: $450,000
OPOTY or MVP: $250,000
2022-2025 Incentives
3,250 Pass Yards: $500,000
4,000 Pass Yards: $500,000
90+ Passer Rating (224 attempts): $500,000
25+ Pass TDs: $750,000
30+ Pass TDs: $1.25M
65% Completions (224 attempts): $1M
Next Year Escalators (cumulative)
Incentives are only available if 224 pass attempts are made the year prior
Regular Season
70% snaps + 11 team wins: $750,000
70% snaps + 12 team wins: $1M
70% snaps + 13 team wins: $1.25M
600 rushing yards: $500,000
Pro Bowl: $500,000
Conference Championship
50% snaps + 10 pass attempts + 10 pass yards: $750,000
50% snaps + 10 pass attempts + 10 pass yards + team win: $750,000
Super Bowl
50% + 10 pass attempts + 10 pass yards: $1M
50% snaps + 10 pass attempts + 10 pass yards + team win: $1.5M
Soooo... yeah. Payton and Loomis know best, never fear.